41.Define working capital.

42.Write the objectives of working capital management.

43.Write the objectives of working capital management

44.List the factors affecting working capital

45.Mention the need of working capital management

46.Draw the working capital cycle

47.List the various components of operating cycle.

48. Define cash management.

49.What is receivable management?

50. Explain credit policies.

7.Which of the following changes in the financial market will lead to a decline in interest rates:

1. a rise in demand
2. a fall in demand
3. a rise in supply
4. a fall in supply

8.Which of the following changes in the financial market will lead to an increase in the quantity of loans made and received:

1. a rise in demand
2. a fall in demand
3. a rise in supply
4. a fall in supply

9.Identify the most accurate statement. A price floor will have the largest effect if it is set:

1. substantially above the equilibrium price
2. slightly above the equilibrium price
3. slightly below the equilibrium price
4. substantially below the equilibrium price

Sketch all four of these possibilities on a demand and supply diagram to illustrate your answer.

10.A price ceiling will have the largest effect:

1. substantially below the equilibrium price
2. slightly below the equilibrium price
3. substantially above the equilibrium price
4. slightly above the equilibrium price

Sketch all four of these possibilities on a demand and supply diagram to illustrate your answer.

11.Select the correct answer. A price floor will usually shift:

1. demand
2. supply
3. both
4. neither

Illustrate your answer with a diagram.

12.Select the correct answer. A price ceiling will usually shift:

1. demand
2. supply
3. both
4. neitherr